The Government has reaffirmed its commitment not to rely on oil and gas as the sole basis for the country’s development. According to Finance Minister Dr. Kwabena Duffuor, the Mills administration will combine revenues from the sector as well as cocoa and gold to provide a modern and diversified economy that will make the country realize its vision of achieving the millennium development goals and also become a middle income nation sooner than expected. Speaking at a meeting with the country’s development partners in Accra, he stressed that Ghana would also continue to rely on donor support despite the oil find. Deputy Finance Minister Seth Tekper explained to Joy Business that donor support will continue to be crucial because there are still several risks that continue to pose serious constraints to economic growth. This year’s Consultative Annual Partnership Meeting is the first ever under the Mills administration. It is themed, “Managing the Transition to a Middle Income Economy with an emerging oil sector: the role of ODA in sustaining national development”. The Technical Advisor to the Finance Minister, Professor Newman Kwadjo Kusi told Joy Business the government has put in place measures to manage the transition to an oil economy. Source: Joy Business/Ghana